US-Israel-Iran war: Rupee breaches 92 mark for first time as oil boils
The Indian currency fell 55 paise to a record low of 92.03 on Wednesday against the US Dollar.
- Mar 4, 2026,
- Updated Mar 4, 2026 9:28 AM IST
The Indian rupee breached the 92 mark for the first time ever on Wednesday as the US-Israeli war on Iran sent oil prices soaring to a new high of $85/bbl, stoking risks of inflation in the world's fastest growing economy.
The Indian currency fell 55 paise to a record low of 92.03 on Wednesday against the US Dollar.
Today's fall in rupee surpasses previous record lows of 91.99 (January 29) and 92.02 hit in late January 2026.
The Indian rupee breached the 92 mark for the first time ever on Wednesday as the US-Israeli war on Iran sent oil prices soaring to a new high of $85/bbl, stoking risks of inflation in the world's fastest growing economy.
The Indian currency fell 55 paise to a record low of 92.03 on Wednesday against the US Dollar.
Today's fall in rupee surpasses previous record lows of 91.99 (January 29) and 92.02 hit in late January 2026.